Vacancy Rates
A Measure of Rental Supply and Demand
Vacancy rates are a measure of rental supply and demand.
A high vacancy rate means there are more housing units available for rent than people need. A low vacancy rate means there are more people that need rental housing than there are units available.
Calculating Vacancy Rates
Vacancy rates are calculated by dividing the number of vacant units by the total number of units. A unit is considered 'vacant' if it is unoccupied and ready to be rented. Vacancy rate data applies only to rental units that are part of a building that has at least three rental units.
We receive vacancy rate data as part of the Rental Market Report, which is published annually by the Canada Mortgage and Housing Corporation (CMHC). This data is reported for the Toronto CMA on a municipal basis.
Vacancy Rate Data for Peel
Our tables and charts feature vacancy rate data for the Toronto CMA, Brampton and Mississauga. No data is available for Caledon because its rental market is too small.
If you do not find the information here, try our Other Resources.
Other Resources
Short publications on housing and construction trends.
Please send comments and questions to:
Peel Data Centre
Region of Peel
Integrated Planning Department, Corporate Services
10 Peel Centre Dr., Suite A, 6th Flr.
Brampton, ON L6T 4B9